Background*

Mr. Luen-Hung Lau, also known as Joseph, served as Chairman of the Board of Chinese Estates Holdings Ltd. from December 15, 2006 to March 2014 and as its Chief Executive Officer until March 14, 2014. Mr. Lau has over 34 years of experience in corporate finance, manufacturing and property investment and development. He has been an Executive Director of Kwong Sang Hong International Ltd., since February 1998. Mr. Lau served as an Executive Director of Chinese Estates Holdings ... Ltd. until March 2014. He served as a Non Executive Director of Lifestyle International Holdings Ltd. until March 14, 2014. He served as an Executive Director of Chi Cheung Investment Co. Ltd since November 2000. He holds a Bachelor degree of Science from University of Windsor, Canada.

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